There were about 70 funding events in the insurtech sector in June 2026, according to a review by Digital Insurance. What follows is a selection of these. (Other funding events, such as private-equity infusions, are included in the overall count.)
A portion of the data was sourced from Crunchbase. Other information, including quotes from investing VCs, comes from company announcements. For our previous edition, which covered May,
Poetic
- Funding: $50 million Series A
- Type of company: Underwriting and compliance automation
- Investors: Kleiner Perkins, Founders Fund, First Harmonic and OpenAI.
"Right now in AI, there's too much attention on quick demos and shiny objects, and not enough on outcomes," said Markie Wagner, CEO and founder of Poetic. "We built a new kind of software that learns like AI but runs like code, so the hardest work in your business finally gets done reliably, allowing your business to evolve faster and operate at a scale that was previously impossible."
Honeycomb Insurance
- Funding: $40 million
- Type of company: P&C digital insurer
- Investors: Zeev Ventures, Ibex Investors, Peakline, Alpha Partners, Meitar Partners, Practical VC and Harris Barton, former San Francisco 49ers NFL player.
"We are building Honeycomb to be the category leader in commercial real estate insurance," said Itai Ben-Zaken, co-founder and CEO of Honeycomb Insurance. "We didn't add AI to a legacy offering. Our platform is centered on proprietary data and AI models to underwrite each property individually, with competitive and fair pricing and terms. This funding accelerates our expansion into new states and new product lines as we move toward that goal."
Tugboat
- Funding: $3 million seed round
- Type of company: Consumer insurance platform
- Investors: ResilienceVC, South Dakota First, gener8tor, Sure Ventures and Acumen America.
"Tugboat creates massive value for its users, supporting them through a moment of extreme
vulnerability as they struggle to navigate an extremely complex insurance claims process that is often incentivized to delay or deny payments," said Tahira Dosani, general partner and co-founder at ResilienceVC. "We see a huge opportunity for Tugboat with their market expanding rapidly as climate-related disaster events increase and insurance coverage narrows. Moreover, the founding team has deep insurance expertise and is building a compounding data moat that uniquely positions them to solve this challenge."
This roundup was created with AI assistance. A Digital Insurance editor reviewed each item before publication.
